Calendar of reviews - Matters to be placed before Board of Directors, Management Committee and Audit Committee

RBI/2005-06/72 DBOD.No.PSBD.BC. 19/16.13.100/2005-06 July 22, 2005 The Chief Executives of all Private Sector Banks Dear Sir, Calendar of reviews – Matters to be placed before Board of Directors, Management Committee and Audit Committee Please refer to our circular DBOD.No.BP.BC.96/21.03.038/2004-05 dated June 10, 2005 (copy enclosed), addressed by us to the Chairmen of public sector banks indicating a revised list of reviews to be placed before the Board of Directors

RBI/2005-06/72 DBOD.No.PSBD.BC. 19/16.13.100/2005-06 July 22, 2005 The Chief Executives of all Private Sector Banks Dear Sir, Calendar of reviews – Matters to be placed before Board of Directors, Management Committee and Audit Committee Please refer to our circular DBOD.No.BP.BC.96/21.03.038/2004-05 dated June 10, 2005 (copy enclosed), addressed by us to the Chairmen of public sector banks indicating a revised list of reviews to be placed before the Board of Directors

Calendar of reviews - Matters to be placed before Board of Directors, Management Committee and Audit Committee

Internet Banking in India - Guidelines

RBI/2005-06/71 DBOD No. Comp.BC.14/07.03.29/2005-06 July 20, 2005All Scheduled Commercial BanksDear Sir Internet Banking in India – Guidelines Please refer to our circular DBOD No.Comp.BC.130/07.03.23/2000-01 dated June 14, 2001 in terms of which banks were advised to seek prior approval of Reserve Bank of India before offering transactional services on the Internet. The position has since been reviewed and banks are advised that while the offering of Internet Banking

RBI/2005-06/71 DBOD No. Comp.BC.14/07.03.29/2005-06 July 20, 2005All Scheduled Commercial BanksDear Sir Internet Banking in India – Guidelines Please refer to our circular DBOD No.Comp.BC.130/07.03.23/2000-01 dated June 14, 2001 in terms of which banks were advised to seek prior approval of Reserve Bank of India before offering transactional services on the Internet. The position has since been reviewed and banks are advised that while the offering of Internet Banking

Internet Banking in India - Guidelines

Guidelines on purchase/sale of Non Performing Assets

RBI/2005-06/54 DBOD.NO.BP. BC. 16 / 21.04.048/ 2005-06 13 July 2005 All Commercial Banks (excluding RRBs) All India Term Lending and Refinancing Institutions All Non Banking Financial Companies (including RNBCs) Dear Sir, Guidelines on purchase/sale of Non Performing Assets In order to increase the options available to banks for resolving their non performing assets and to develop a healthy secondary market for non-performing assets, where securitisation companies and

RBI/2005-06/54 DBOD.NO.BP. BC. 16 / 21.04.048/ 2005-06 13 July 2005 All Commercial Banks (excluding RRBs) All India Term Lending and Refinancing Institutions All Non Banking Financial Companies (including RNBCs) Dear Sir, Guidelines on purchase/sale of Non Performing Assets In order to increase the options available to banks for resolving their non performing assets and to develop a healthy secondary market for non-performing assets, where securitisation companies and

Guidelines on purchase/sale of Non Performing Assets

Master Circular- Prudential Norms on Capital Adequacy

Master Circular- Prudential Norms on Capital Adequacy

Exposure to Real Estate Sector

Ref. RBI/2004-05/ 503 DBS.CO.PP.BC 21 /11.01.005/2004-05 June 29, 2005 The Chief Executives All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Exposure to Real Estate Sector The position relating to risk management, reporting requirements and balance sheet disclosures in respect of real estate exposure of banks has been reviewed and the following instructions are being issued for the guidance of banks. 1. Risk Management System In view of the growing need for p

Ref. RBI/2004-05/ 503 DBS.CO.PP.BC 21 /11.01.005/2004-05 June 29, 2005 The Chief Executives All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Exposure to Real Estate Sector The position relating to risk management, reporting requirements and balance sheet disclosures in respect of real estate exposure of banks has been reviewed and the following instructions are being issued for the guidance of banks. 1. Risk Management System In view of the growing need for p

Exposure to Real Estate Sector

Section 20 of the Banking Regulation Act, 1949 - Line of credit / overdraft facility to National Securities Clearing Corporation Ltd. (NSCCL)

RBI//2004-05/501 DBOD.No.Leg.BC.98/09.11.013/2004-05 June 24, 2005 To All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Section 20 of the Banking Regulation Act, 1949 – Line of credit / overdraft facility to National Securities Clearing Corporation Ltd. (NSCCL) Please refer to Para 1.2.4 of our Master Circular DBOD.No.DIr.BC.20/ 13.03.00/2004-05 dated July 30, 2004 on Loans and Advances – Statutory and Other restrictions, wherein it was advised that for the pu

RBI//2004-05/501 DBOD.No.Leg.BC.98/09.11.013/2004-05 June 24, 2005 To All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Section 20 of the Banking Regulation Act, 1949 – Line of credit / overdraft facility to National Securities Clearing Corporation Ltd. (NSCCL) Please refer to Para 1.2.4 of our Master Circular DBOD.No.DIr.BC.20/ 13.03.00/2004-05 dated July 30, 2004 on Loans and Advances – Statutory and Other restrictions, wherein it was advised that for the pu

Section 20 of the Banking Regulation Act, 1949 - Line of credit / overdraft facility to National Securities Clearing Corporation Ltd. (NSCCL)

Revised Calendar of Reviews

RBI/2004-05/488 DBOD.No.BP.BC. 96/21.03.038/2004-05 June 10, 2005 The Chief Executives of All Public Sector Banks Dear Sir, Revised Calendar of Reviews Please refer to our circularDBOD.No.BP.BC. 3/21.03.038/2000 dated July 14, 2000 advising Calendar of Reviews to be submitted to the Board and Management Committee of the bank. 2. In view of reports of increasing burden on Boards of banks on account of the calendar of reviews to be undertaken by them and to ensure that

RBI/2004-05/488 DBOD.No.BP.BC. 96/21.03.038/2004-05 June 10, 2005 The Chief Executives of All Public Sector Banks Dear Sir, Revised Calendar of Reviews Please refer to our circularDBOD.No.BP.BC. 3/21.03.038/2000 dated July 14, 2000 advising Calendar of Reviews to be submitted to the Board and Management Committee of the bank. 2. In view of reports of increasing burden on Boards of banks on account of the calendar of reviews to be undertaken by them and to ensure that

Revised Calendar of Reviews

Procedure for settlement of claims relating to Deceased Depositors Simplified

RBI/2004-05/490 DBOD.No.Leg. BC.95 /09.07.005/2004-05 June 09, 2005To The Chairman/CEOs of All the Scheduled Commercial Banks (Excluding RRBs)Dear Sir, Settlement of claims in respect of deceased depositors – Simplification of Procedure Pursuant to the announcement in the Mid-Term Review of the Annual Policy of the RBI on November 3, 2003, the Committee on Procedure and Performance Audit on Public Services (CPPAPS) was constituted by the RBI with a view to improving t

RBI/2004-05/490 DBOD.No.Leg. BC.95 /09.07.005/2004-05 June 09, 2005To The Chairman/CEOs of All the Scheduled Commercial Banks (Excluding RRBs)Dear Sir, Settlement of claims in respect of deceased depositors – Simplification of Procedure Pursuant to the announcement in the Mid-Term Review of the Annual Policy of the RBI on November 3, 2003, the Committee on Procedure and Performance Audit on Public Services (CPPAPS) was constituted by the RBI with a view to improving t

Settlement of claims in respect of deceased depositors - Simplification of Procedure

Financing of acquisition of equity in overseas companies

RBI/2004-05/486 DBOD. Dir.No.BC.93 /13.07.05/2004-05 June 7, 2005 The Chairman and Managing Directors/Chief Executive Officers of All Scheduled Commercial Banks ( Excluding RRBs and LABs) Dear Sir, Financing of acquisition of equity in overseas companies Please refer to our Master Circular No. DBOD. Dir.BC.90/13.07.05/98 dated August 28, 1998 on bank finance against shares and debentures. In terms of para 8 of the circular promoters’ contribution towards the equity ca

RBI/2004-05/486 DBOD. Dir.No.BC.93 /13.07.05/2004-05 June 7, 2005 The Chairman and Managing Directors/Chief Executive Officers of All Scheduled Commercial Banks ( Excluding RRBs and LABs) Dear Sir, Financing of acquisition of equity in overseas companies Please refer to our Master Circular No. DBOD. Dir.BC.90/13.07.05/98 dated August 28, 1998 on bank finance against shares and debentures. In terms of para 8 of the circular promoters’ contribution towards the equity ca

Financing of acquisition of equity in overseas companies

Interest rate derivatives

RBI/2004-05/473 DBOD.No.BP.BC. 91/21.04.157/2004-05 May 20, 2005 To All Scheduled Commercial Banks/PDs/AIFIs Interest rate derivatives Please refer to the guidelines for interest rate derivatives circulated vide letter No.MPD.BC.187/07.01.279/1999-2000 dated July 7, 1999 whereby banks / FIs and PDs were enabled to use Forward Rate Agreements (FRA) and Interest Rate Swaps (IRS) in order to manage and control risks arising from deregulation of interest rates. These inst

RBI/2004-05/473 DBOD.No.BP.BC. 91/21.04.157/2004-05 May 20, 2005 To All Scheduled Commercial Banks/PDs/AIFIs Interest rate derivatives Please refer to the guidelines for interest rate derivatives circulated vide letter No.MPD.BC.187/07.01.279/1999-2000 dated July 7, 1999 whereby banks / FIs and PDs were enabled to use Forward Rate Agreements (FRA) and Interest Rate Swaps (IRS) in order to manage and control risks arising from deregulation of interest rates. These inst

Interest rate derivatives